December 6, 2011
- ES is moving towards 100 Hour SMA we might see a decisive move from this moving average.
- Violation of the support and resistance lines or the up trend line may trigger a big move.
- For bears the violation of cloud did not sustain. If price dips below the cloud again we may see good move in favor of bears.
- For bulls price shall breakout and sustain above the resistance line.
- S&P 500 ANALYSIS AFTER CLOSING BELL